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RE: I messed up a great Bitcoin trade this morning!!! Grr..
I was looking at that 4100 area to on kraken and wondering if it was going to bounce back that high.. Here's the issue with Kraken, it trades USD instead of USDT and because it also trades USD/USDT pair, its BTC chart is often off from other exchanges by $100-$200 .. and other times when USD/USDT pair is almost par, then the price of BTC is closer to that of other exchanges.. So this actually throws off the chart.. So I don't know what to tell you, it might get back to 4100s much later than you hope.. like perhaps not on this bounce.. hard to know when there are other forces at play.
Yea its a tough call, I'm gonna ride it out for now, I have more wired to Kraken so i can play if it drops more and be patient, at some point it will have to respect that 4100.....
Both of those trades worked out today and the bases were respected! As you preach Luc the key is patience lol, all in all took like 3 days for them to work out so not too bad. Still beating myself up about not buying large when ETH (200), BTC (3000) and BCH (300) were at those lows. But as you said live to fight another day, still made some good profit so cheers to that!
How to you evaluate the JPMorgan manipulation?